Oil prices rose in Monday morning trading as market participants assessed conflicting signals from the United States and Iran and worried that an agreement to resume shipping through the Strait of Hormuz might not be reached anytime soon, Euronews reports.

October futures for the international benchmark Brent rose 1.04% to $84.42 a barrel, while September futures for U.S. West Texas Intermediate crude gained 0.83% to $78.83 a barrel.